Prime Residential Development Property

The subject consists of 4 parcels NOT to include the single family home at the< corner of Lakewood Drive and South Lakewood Drive. The four non-contiguous parcels (vacant and partially improved) vary between 0.49+- acres to 1.60+- acres for a total of 4.03+- acres with frontage on Lakewood Drive, South Lakewood, Denton Drive and Henry Avenue. South Lakewood Drive, an undeveloped road, bisects the four undeveloped parcels

Parcel 1 is improved with a 1,280+- square foot metal outbuilding, an 832+- square foot carport, and a 960+- square foot detached garage. Parcels 2 - 4 are heavily wooded sites. Parcel 2 has a portion located on the southwest corner of Lakewood Drive and Denton Drive and a portion on South Lakewood Drive. The portion of Parcels 2 - 4 fronting South Lakewood Drive on the west has no access due to a drainage ditch running the road length and would have to be improved to include a culvert for access.

The property is further identified as 4 non-contiguous (partially improved) land
parcels located on Lakewood Drive, S. Lakewood Drive, Denton Drive and Henry
Avenue, West Melbourne, Brevard County, FL 32904.

Parcel 1 - 28-37-05-00-779, Acc # 2865079. Parcel 2 - 28-37-05-00-762,
Acc # 2819838. Parcel 3 - 28-37- 05-00-760, Acc # 2819836 and Parcel
4 - 28-37-05-00-776. Acc # 2860482
Lot size: 4.03+-Ac. Total
Parcel 1: 0.54+- acres
Parcel 2: 0.51+- acres and 0.89+- acres
Parcel 3: 0.24+- acres and 0.25+-acres
Parcel 4: 0.63+- acres and 0.97+- acres
Zoning:
Parcel 1: R-1A
Parcel 2: R-1A
Parcel 3: R-1A West of S. Lakewood Dr. and R-1AA East of S Lakewood
Dr.
Parcel 4: P-1 West of South Lakewood Dr. and R-1A East of South
Lakewood Dr.

Note: Conversation with Ms. Cindy Shay, Planner with the City of West Melbourne. Ms. Shay said the subject would need to complete a rezoning and a Comprehensive Land Use change for the portion zoned institutional. She recommended rezoning to a single classification for consistency. As for future development, Ms. Shay said a conceptual site plan would need to be submitted for review for further approval. Of important note, she pointed out that the city is no longer approving zoning changes for multifamily development. We further asked if the sites were to be subdivided, would the subject need to meet subdivision requirements. She said this would require additional research because if the subject sites have already been divided once, then it is no longer a lot split but now falls under the subdivision of the property to create lots.

Both the R-1A and R-1AA are similar zoning classifications. The difference is the required lot width and lot size. R-1A requires a minimum lot width of 75', whereas, R- 1AA's minimum lot width is 85'.

Note: Regarding South Lakewood Drive: Ms. Cindy Shay Planner with the City of West Melbourne suggested that because S. Lakewood Drive is an undeveloped road, if the subject were to be developed, S. Lakewood Drive would need to be completed to county road standards with a culvert. She further stated this would be the responsibility of any future developer.

Utilities: City Water and Sewer Available

Note: The subject has access to public water and sewer; however, extensions would be required. There are water and sewer mains along Lakewood Drive and Henry Avenue. There is a sewer main along Denton Drive. All prospects and developers are advised to speak with the City of West Melbourne Utility Division and Planning Department

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